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OnRamp Secures $14.2M in Funding led by Javelin

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OnRamp, a company specializing in automating and streamlining post-sales customer onboarding, has raised $14.2M in seed and Series A funding.

The Series A was led by Javelin Venture Partners, while Contour Venture Partners led the seed round. Additional investors include Pear VC, Quiet Capital, Correlation Ventures, Frontier Ventures, J Ventures, and strategic individuals such as Claire Hughes Johnson (Stripe), Steve Fredette (Toast), and Louis Beryl (Four Cities Capital).

Founded in 2020 by Paul Holder (CEO) and Ross Lerner (COO), OnRamp has tripled its revenue each of the past three years and aims to do so again this year. The company serves three of the Fortune 15 as enterprise customers and has helped accelerate revenue recognition and streamline onboarding processes, with clients experiencing up to 70% faster onboarding.

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The new funding will enhance OnRamp’s automation and user-friendly capabilities, addressing the challenges of guiding B2B customers through complex post-sales processes while efficiently managing enterprise data. Noah Doyle of Javelin Venture Partners highlighted the potential of OnRamp in transforming an underserved market and improving customer engagement and visibility.

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